Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.
Latin America Mining News
The project is located in Zacatecas, Mexico's second largest gold producing state.
High risk, high reward is the bet being made by global lithium miners in Argentina who are brushing aside a recession, a currency crisis and political uncertainty in their hunger for the mineral that helps power electric cars.
The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.
Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.
New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.
The Vancouver-based miner anticipates drilling to begin early in the New Year.
Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.
ACI Systems Alemania employs just 20 people and was created solely to focus on building a lithium mine in Bolivia.
The 36-month contract was approved by 53% of the union.
Initially, workers linked to the Los Mineros Union planned to launch a protest action on December 1st, López Obrador's inauguration day.
On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.
OK; half right.
Days before Tauli-Corpuz arrived in Ecuador, indigenous groups and about 2,000 protesters marched in the capital Quito and handed the national assembly a proposed law that would ban large metal-mining projects.
Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.
Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.
Mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.
BHP later confirmed in a statement that it had fired 57 workers, including mine operators, supervisors and maintenance workers, but said the mine was again operating normally.
Move allows major companies to lease to juniors all or part of assets they are not actively developing.
The company extended known targets and discovered new high-grade vein systems at its La India gold project in Nicaragua.
Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.
The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.
It is already being called by some experts “the thickest high-grade copper intersection seen in years.”
In the case of Rainbow Mountain, those in favor of conservation appear to have won out.
If the required steps to fully implement the amended settlement do not take place Crystallex will go back to court to seize assets linked to Citgo.